Northern Trust introduces Digital Carbon Credit Ecosystem
Northern Trust, a financial services corporation, has implemented an institutional carbon credit ecosystem on its Northern Trust Matrix Zenith digital assets platform. Northern Trust will serve as the custodian and record, transfer, and resolve digital carbon credit trades against “emission footprints” on the voluntary carbon market. Smart contracts on the permissioned blockchain generate legal agreements […]
Atomic Wallet’s $100M Hack Class Suit Dismissed
A US judge ruled that a Colorado court lacked jurisdiction over Estonian-based Atomic Wallet, its CEO, and a sister software company. A U.S. federal judge has dismissed a class-action lawsuit against Atomic Wallet, ruling that the court did not have jurisdiction over the Estonian crypto company. In an order issued on Sept. 10, Colorado district […]
Plume’s CEO Unveils Tokenized ‘Mineral Vault’ To Boost RWA Yield
Chris Yin says investor demand for RWAs is going “upstream” from tokenized treasury bills to private alternative assets. Plume Network , a blockchain specializing in real-world assets (RWA), is set to launch a tokenized ‘Mineral Vault’ in response to rising demand for high-yield private assets onchain, CEO Chris Yin told Cointelegraph on September 9. Developed […]
OpenAI Exceeds Over 1M Premium Business Users
OpenAI seeks to introduce more expensive subscription plans for upcoming large-language models such as the Strawberry and Orion AI models. OpenAI’s paid user base, including ChatGPT Enterprise, Team, and Edu users, has surged by nearly 67% since April, surpassing one million on September 5. The San Francisco-based AI company’s chatbot continues to gain traction due to […]
Crypto Venture Capital Funding Rises to $633M in August Rebound
Crypto VC funding increased by 15% in July, reflecting rising investor interest in blockchain infrastructure development. In August, crypto venture capital (VC) funding experienced a notable resurgence, even as the broader crypto market dealt with summer liquidity challenges. According to data from DefiLlama , crypto VC funding reached $633 million in August, a rise of […]